Chief exec has no doubt: Greenland has saved millions on carrier ownership

Royal Arctic Line has gone through a series of extensive alterations. Now, the carrier will reap the rewards of commanding a young fleet and a recent, heavily disputed move.
CEO Verner Hammeken estimates that Greenland has saved hundred of millions of kroner due to RAL's low freight rates. | Photo: PR / Royal Arctic Line
CEO Verner Hammeken estimates that Greenland has saved hundred of millions of kroner due to RAL's low freight rates. | Photo: PR / Royal Arctic Line

The government of Greenland has saved hundreds of millions of kroner in recent years by avoiding soaring freight rates, which otherwise marked box markets up until the middle of 2022.

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